Saturday, January 28, 2012  
 
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Due to the unprecedented volatility of the grain markets, we will only be buying grain and pricing New Crop Contracts during trading hours. This will be Monday thru Friday, 9:30AM-1:00PM.


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Price as of 01/28/12 06:10AM CST.
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Local Conditions
Meade, KS
Chg Zip Code: 
Temp: 18oF Feels Like: 6oF
Humid: 62% Dew Pt: 7oF
Barom: 30.43 Wind Dir: W
Cond: N/A Wind Spd: 10 mph
Sunrise: 7:49 Sunset: 6:03
As reported at LIBERAL, KS at 5:00 AM
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Local Radar
Meade, KS
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Radar
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5-day Forecast for Meade, KS
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Date Sat
1/28
Sun
1/29
Mon
1/30
Tue
1/31
Wed
2/1
Weather
Condition
Clear Clear Clear Clear Clear
Weather Clear Clear Clear Clear Clear
Temp
L/H (°F)
18/49 22/59 26/64 31/58 28/56
Feels
Like

L/H (°F)
9/44 14/59 18/64 22/58 19/56
Dew Point
(°F)
13 19 22 24 21
Humidity
(%)
39 39 37 36 36
Wind
Speed

(mph)
11 8 9 12 11
Precip
(%)
- - - - -
Precip
Amt
(in.)
None None None None None
Evap
(in./day)
0.11 0.13 0.15 0.15 0.13
View complete Local Weather

DTN Market Matters Blog
Linda Smith Bio
DTN Markets Editor
Friday, January 27, 2012 8:47PM CST

Corn basis is the strongest it's been in a decade according to some reports, basis in south-central Illinois is positive, the DTN National Corn Index came in at $6.20 Thursday, 15 cents under the March contract, and Gulf exporters are bidding over $7 a bushel. Are farmers just saying "no" since prices slid southward beginning back in September?

Friday, January 27, 2012 6:33PM CST
Friday, January 27, 2012 2:07AM CST

Quote of the Day


"Indeed, man wishes to be happy even when he so lives as to make happiness impossible."

~ Saint Augustine,  (354-430), Christian church father, philosopher


Did You Know?

In 1889 the U.S. Department of Agriculture was raised to Cabinet status


Fact courtesy of the USDA


An Urban's Rural View
Friday, January 27, 2012 6:09PM CST
The New York Times food blogger and best-selling cookbook author wields a lot of influence. But he isn't about to bring down animal agriculture and the grain growers who provide the feed for the animals.
Argentina Crop Outlook - 2
Friday, January 27, 2012 5:13PM CST
Argentine soybeans have suffered through a dry December but, unlike the country's ragged corn, the crop can still bounce back given decent January and February rains.
Moving the Needle on No-Till
Friday, January 27, 2012 2:13PM CST
More than 1,400 people showed up at the arena/convention center in Salina, Kan., to hear how no-till farmers have reduced their costs. Speakers at the conference talked about the importance of rebuilding soil fertility.
Newsom on the Market
Thursday, January 26, 2012 5:56PM CST
Sometimes a question at the end of a presentation cuts right to the heart of the matter.



DTN Market News
Behind Firm Basis: Farmers Hold, Livestock Eat
DTN Early Word Grains 01/27 07:19
DTN Midday Grain Comments 01/27 11:41
DTN Closing Grain Comments 01/27 14:17
DTN Cattle Close/Trends 01/27 15:25
DTN Early Word Opening Livestock 01/27 06:13
DTN Midday Livestock Comments 01/27 11:50
DTN Closing Livestock Comments 01/27 16:23
DTN Chart Technical Points 01/27 15:00
DTN Feeder Pig Index

DTN Cash Bid Updates
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Futures
W - WHEAT - CBOT
Month Open High Low Last Change Time More
Mar 12 653'4 653'4 646'4 647'2s -6'2 01/27
May 12 665'4 665'4 662'0 661'6s -5'0 01/27
Jul 12 678'0 678'0 674'0 674'6s -5'2 01/27
@KW - HARD RED WINTER WHEAT - KCBT
Month Open High Low Last Change Time More
Mar 12 706'6 709'6 700'4 700'0s -9'0 01/27
May 12 715'0 717'0 708'4 708'6s -7'6 01/27
Jul 12 721'6 724'4 716'4 716'2s -8'2 01/27
Sep 12 732'0 736'0 728'6 728'6s -7'6 01/27
Dec 12 750'0 753'6 746'4 747'4s -7'0 01/27
Mar 13 763'4 763'4 758'4 759'4s -7'0 01/27
May 13 764'4s -7'0 01/27
Jul 13 756'4 758'0 752'0 756'0s -7'0 01/27
Sep 13 762'0s -7'0 01/27
Dec 13 768'0s -7'0 01/27
Mar 14
Jul 14
C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 638'6 642'2 635'4 641'6s 7'2 01/27
May 12 644'4 648'0 641'4 647'4s 7'4 01/27
Jul 12 649'4 652'0 646'0 651'0s 7'2 01/27
Sep 12 591'4 591'4 591'4 594'0s 5'2 01/27
Dec 12 569'0 571'4 565'0 571'0s 5'0 01/27
Mar 13 580'6 580'6 580'6 583'0s 4'6 01/27
May 13 590'2s 5'0 01/27
Jul 13 595'4s 5'2 01/27
Sep 13 571'2s 4'2 01/27
Dec 13 559'0 559'0 559'0 561'0s 5'0 01/27
Mar 14 571'4s 5'0 01/27
May 14 577'0s 5'4 01/27
Jul 14 581'0s 6'0 01/27
Sep 14 566'0s 2'0 01/27
Dec 14 558'0s 2'0 01/27
Jul 15 578'0s 2'0 01/27
Dec 15 558'0s 2'0 01/27
@C - CORN - CBOT
Month Open High Low Last Change Time More
Mar 12 633'4 642'2 631'0 641'6s 7'2 01/27
May 12 639'0 648'0 636'4 647'4s 7'4 01/27
Jul 12 643'2 651'6 640'4 651'0s 7'2 01/27
S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Mar 12 1222'0 1222'0 1215'0 1219'0s -3'6 01/27
May 12 1230'0 1230'0 1226'0 1228'4s -3'4 01/27
Jul 12 1240'0 1240'0 1236'0 1238'2s -3'4 01/27
Aug 12 1236'2s -3'2 01/27
Sep 12 1228'2s -1'4 01/27
Nov 12 1219'0 1223'0 1219'0 1222'2s 0'4 01/27
Jan 13 1225'0 1229'4 1225'0 1229'2s 0'4 01/27
Mar 13 1234'6s 0'2 01/27
May 13 1233'4s 0'6 01/27
Jul 13 1236'6s 0'6 01/27
Aug 13 1231'0s 0'0 01/27
Sep 13 1209'2s 0'0 01/27
Nov 13 1195'0s -1'6 01/27
Jan 14 1202'2s -1'6 01/27
Mar 14 1205'0s -1'6 01/27
May 14 1205'6s -1'6 01/27
Jul 14 1210'4s -1'6 01/27
Aug 14 1211'2s -1'6 01/27
Sep 14 1212'4s -1'6 01/27
Nov 14 1201'4s -2'6 01/27
Jul 15 1209'4s -2'6 01/27
Nov 15 1198'2s -2'6 01/27
@S - SOYBEANS - CBOT
Month Open High Low Last Change Time More
Mar 12 1221'6 1225'6 1215'0 1219'0s -3'6 01/27
May 12 1231'0 1235'0 1224'6 1228'4s -3'4 01/27
Jul 12 1239'6 1244'2 1234'4 1238'2s -3'4 01/27
LC - LIVE CATTLE - CME
Month Open High Low Last Change Time More
Feb 12 124.425 124.850 124.400 124.700s 0.150 01/27
Apr 12 128.150 128.525 127.925 128.450s 0.400 01/27
Jun 12 126.975 127.200 126.600 127.175s 0.675 01/27
@GF - FEEDER CATTLE - CME
Month Open High Low Last Change Time More
Mar 12 153.800 154.900 153.425 154.600s 0.975 01/27
Apr 12 156.000 156.950 155.500 156.825s 0.900 01/27
May 12 156.750 157.700 156.500 157.650s 0.850 01/27
My Custom Markets
Symbol Open High Low Last Change Time More

DTN Top Stories

Argentine soybeans have suffered through a dry December but, unlike the country's ragged corn, the crop can still bounce back given decent January and February rains. See DTN Ag News. BArgentina Crop Outlook - 2...

The New York Times food blogger and best-selling cookbook author wields a lot of influence. But he isn't about to bring down animal agriculture and the grain growers who provide the feed for the animals. See DTN Ag News. BAn Urban's Rural View...

More than 1,400 people showed up at the arena/convention center in Salina, Kan., to hear how no-till farmers have reduced their costs. Speakers at the conference talked about the importance of rebuilding soil fertility. See DTN Ag News. BMoving the Needle on No-Till...

A farm bill proposal being crafted by Sen. Kent Conrad builds on crop insurance coverage and would protect against shallow losses, according to an aide to the senator. See DTN Ag News. BConrad Pitches Commodity Plan...

Iowa's new 4th Congressional District contains some of the nation's most productive farm ground, but this year it's also home to a congressional election that pits a tea-party-favored incumbent against Iowa's former first lady and wife of the current U.S. Agriculture Secretary. See DTN Ag News. BVilsack Muddies Her Boots...


This Day In History
January 28, 1958
Dodger catcher Roy Campanella is paralyzed in an automobile wreck

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